Merger That Came to Aid of Knight Capital Struggles

TODAY: March 30, 2015 PUB DATE: March 30, 2015

By Bradley Hope Every Monday morning for the past 20 months, Daniel Coleman has stepped off his private jet from Alabama and straight into a storm. The southerner is chief executive of KCG Holdings Inc., the New Jersey-based company that ...

Cuomo, New York Lawmakers Reach a Budget Deal

TODAY: March 30, 2015 PUB DATE: March 30, 2015

By Mike Vilensky And Erica Orden ALBANY--New York Gov. Andrew Cuomo and legislative leaders struck a deal late Sunday evening for a $142 billion state budget that will implement new income-disclosure policies for lawmakers and changes to the teacher-evaluation process ...

Greece to Dominate European Markets

TODAY: March 30, 2015 PUB DATE: March 30, 2015

By Josie Cox Greece looks set to dominate European markets in a short trading week, with the country facing a deadline to submit its latest reform proposals Monday. Officials from Athens were in Brussels over the weekend to present proposals ...

China Shares Higher on Easing Hopes, but Fed Uncertainty Weighs--Update

TODAY: March 30, 2015 PUB DATE: March 30, 2015

By Gregor Stuart Hunter and Brad Frischkorn Chinese stocks jumped higher Monday after policy makers signaled the country has room to ease monetary policy to boost sluggish growth, while Australian stocks were knocked by falling commodity prices. The Shanghai Composite ...

Eurozone Business Confidence Jumps in March

TODAY: March 30, 2015 PUB DATE: March 30, 2015

By Paul Hannon Businesses and consumers across the eurozone became more optimistic about their prospects in March, reflecting lower oil prices, a weaker euro, and the hope that the European Central Bank's new program of quantitative easing will prove decisive ...

Iran Talks Keep Crude-Oil Futures Under Pressure

TODAY: March 30, 2015 PUB DATE: March 30, 2015

HONG KONG--Talks over a possible relaxation of sanctions against Iran that may increase global oil supplies kept crude-oil futures near a week's low Monday, while a supply disruption due to Saudi airstrikes on Yemen looked increasingly unlikely. On the New ...

Polish Rate Setter Sees No Sense in Further Easing

TODAY: March 30, 2015 PUB DATE: March 30, 2015

By Patryk Wasilewski WARSAW--Poland's economy is unlikely to benefit from further monetary easing and cutting rates deeper would only force the central bank to reverse the move sooner, Monetary Policy Council member Andrzej Bratkowski writes Monday. Mr. Bratkowski was one ...

Yoox Confirms It Is in Talks With Net-A-Porter

TODAY: March 30, 2015 PUB DATE: March 30, 2015

By John Revill ZURICH--Italian online fashion retailer Yoox SpA said Monday that it was in talks about a possible "business combination" with Net-A-Porter, the Web-based clothing seller owned by luxury giant Cie. Financière Richemont SA. In a statement, Milan-based Yoox ...

Teva to Acquire Auspex in $3.2 Billion Deal

TODAY: March 30, 2015 PUB DATE: March 30, 2015

By Tess Stynes Teva Pharmaceutical Industries Ltd. agreed to acquire Auspex Pharmaceuticals Inc. in a deal valued at roughly $3.2 billion, increasing the Israel-based drug maker's presence in the market for treatments for central nervous system disorders. Teva is offering ...

Hon Hai 2014 Earnings Rise 22%

TODAY: March 30, 2015 PUB DATE: March 30, 2015

By Lorraine Luk HONG KONG-- Hon Hai Precision Industry Co., the world's largest manufacturer of electronics, said its 2014 net profit rose 22% from a year earlier, thanks to strong sales of larger-screen Apple Inc. iPhones. The company said its ...

U.S. Consumer Spending Up 0.1% in February -- Update

TODAY: March 30, 2015 PUB DATE: March 30, 2015

By Ben Leubsdorf And Jeffrey Sparshott WASHINGTON--Consumer spending rose only modestly in February as Americans saved more, a sign of cautious consumption that could restrain the broader U.S. economy. Personal spending, which measures purchases of everything from groceries to haircuts, ...

Yoox Confirms It Is in Talks With Net-A-Porter -- Update

TODAY: March 30, 2015 PUB DATE: March 30, 2015

By John Revill ZURICH--Italian online fashion retailer Yoox SpA said Monday that it was in talks about a potential "business combination" with Net-A-Porter, the Web-based clothing seller owned by luxury giant Cie. Financière Richemont SA. Geneva-based Richemont, which confirmed the ...

BP Terminates Seadrill Partners Rig Contract

TODAY: March 30, 2015 PUB DATE: March 30, 2015

OSLO--Seadrill Partners LLC said Monday that BP PLC (BP) had terminated a rig contract, which would reduce the rig company's order backlog by $160 million, in another sign that lower oil prices are hurting oil-field services companies. The firm, which ...

Cofco's Push Into U.S. Is Likely To Face Tall Hurdles

TODAY: March 30, 2015 PUB DATE: March 30, 2015

(FROM THE WALL STREET JOURNAL ASIA 3/31/15) By Jacob Bunge and Jesse Newman A foray into the U.S. isn't likely to come easily for China's biggest grain trader. Cofco Corp. hopes to gain a foothold in the world's largest agricultural ...

Cuomo, New York Lawmakers Reach a Budget Deal -- Update

TODAY: March 30, 2015 PUB DATE: March 30, 2015

By Erica Orden And Mike Vilensky ALBANY--Gov. Andrew Cuomo and legislative leaders struck a deal late Sunday evening for a state budget that will implement new income-disclosure policies for lawmakers and changes to the teacher-evaluation process and teacher-tenure policies. The ...

UnitedHealth to Buy Catamaran for $12.8 Billion in Cash

TODAY: March 30, 2015 PUB DATE: March 30, 2015

By Anna Mathews UnitedHealth Group Inc. plans to acquire Catamaran Corp. for about $12.8 billion in cash, bulking up its pharmacy-benefit business as spending on cutting-edge drugs is a growing concern for employers and insurers. Catamaran, the fourth-largest pharmacy-benefit manager ...

Dollar Tad Higher Against Yen, Euro Ahead of Data

TODAY: March 30, 2015 PUB DATE: March 30, 2015

By Hiroyuki Kachi The dollar was slightly higher against the yen and the euro in Asian trade Monday, with many market participants avoiding taking strong positions ahead of key data including U.S. labor figures out later this week. Around 0150 ...

G-20 Leak Revealed World Leaders' Personal Details

TODAY: March 30, 2015 PUB DATE: March 30, 2015

CANBERRA, Australia--Australian authorities inadvertently revealed personal details of world leaders, including their passport numbers, by accidentally emailing the information to organizers of a soccer tournament. Australia's immigration department said Monday it had tightened email security, after the Guardian newspaper reported ...

Iran Talks Keep Crude-Oil Futures Under Pressure in Asia

TODAY: March 30, 2015 PUB DATE: March 30, 2015

By Biman Mukherji HONG KONG--Talks over a possible relaxation of sanctions against Iran that may increase global oil supplies kept crude-oil futures near a week's low Monday, while a supply disruption due to Saudi airstrikes on Yemen looked increasingly unlikely. ...

Japan Industrial Output Slumps in February

TODAY: March 30, 2015 PUB DATE: March 30, 2015

TOKYO--Japanese industrial production contracted for the first time in three months in February, the latest economic data indicating continued sluggishness in the Japanese economy. Production of everything from cosmetics and computers to semiconductor and construction cranes decreased 3.4% from the ...